Friday, 21 September 2012

COMMODITY MARKET NEWS TODAY


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Commodity market is continuesly showing slowdown in the marke. At MCX exchange, gold is fell down with -246 points and trading in 31667 rupees per 10 grams and still moving down ward. MCX silver also trading in loss of  338 points and moving to down side with 0.25 percent and trading in 64024 rupees while crude oil lost 18 points and trading in 4999 rupees per gallon currently.
On the other hand, Aluminium loses 0.95 points per kg and trading in 111.95 rupees but Nickel has just loss of 0.7 points and trading in 966 rupees and zinc is not showing any type of changes now and trading in 112.6 rupees while lead has profit of 0.35 rupees in 121.9 rupees per kg.
On the other side, US Dollar lost 0.98 rupees against indian rupees and have value equivalent to 53.40 rupees today and Japanees Yen also lost 0.02 Indian rupees whlie GBP  ahs value 87.0 rupees and EUR 69.60 rupees.
SELL MCX SILVER DECMBER BELOW 64000, TARGETS 63350, 63300 AND STOP LOSS 64100.
SELL MCX GOLD OCTOBER FUTURE CONTRACT AT AROUND 31680  TRAGETS 31665, 31650 AND STOP LOSS 31,700.

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